Argentina’s Peso Holds a Tight Blue Premium as Metals Meltdown Spreads Risk-Off Shock

2026-02-02 - 09:25

Key Points USD/ARS held near 1,446.75 per $1 on the reference feed at 07:35 UTC, while the blue sat only slightly above the official rate. The main global driver was a violent unwind in precious metals that triggered margin pressure, risk-off selling, and a firmer dollar. Charts showed USD/ARS short-term overbought, while the Merval stayed